Vancouver, British Columbia--(Newsfile Corp. - January 17, 2019) - Global UAV Technologies Ltd. (CSE: UAV) (OTC: YRLLF) (FSE: YAB2) (the "Company" or "Global UAV"), a diversified and vertically integrated drone technology company, has received a letter of resignation from Board of Directors member, Mr. Stewart Baillie.
Mr. Baillie has served on the Board of Directors since January 11, 2018 and during that time contributed valuably to the Company and subsidiaries through advising management and assisting with compliance and guidance on Transport Canada regulatory topics for commercial UAV manufacturing and use. Mr. Baillie's decision to step down from the Board of Directors was personal in nature; desiring more free time to pursue other activities in his retirement. Mr. Baillie has offered to be available as a consultant for the Company on an as-needed basis going forward. Global UAV values Mr. Baillie's industry knowledge and experience and is pleased to have the opportunity to continue working together in the future. Global UAV Management would like to thank Mr. Baillie for his contribution and support over the past year and wish him success in his future endeavors.
About Global UAV Technologies Ltd.
Global UAV Technologies Ltd. is a diversified, vertically integrated drone technology company within the commercial Unmanned Aerial Vehicle ("UAV") sector. Through its wholly owned subsidiaries - Pioneer Aerial Surveys Ltd., High Eye Aerial Imaging Inc., UAV Regulatory Services Inc., and NOVAerial Robotics Inc.- Global UAV Technologies Ltd. provides a full spectrum of UAV-based services and products including drone research and development and manufacturing, flight services and regulatory compliance. Global UAV Technologies Ltd. will continue its growth through technology development, expanding the business of its current divisions and the continued evaluation of potential acquisitions. Global UAV is well positioned for growth as a vertically integrated drone technology company.
On behalf of the Board of Directors,
"Michael Burns"
Michael Burns
CEO & Director
For additional information please contact:
Global UAV Technologies Ltd.
Investor Information
Telephone: 1 888-905-7011
Email: ir@globaluavtech.com
www.globaluavtech.com
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Forward-Looking Statement
Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in public markets, service industries, manufacturing and the UAV Sector. As a result, actual results may vary materially from those described in the forward-looking statements.
